Breaking News: Asia
Asia-Pacific stocks trade mixed as Tokyo inflation runs hotter than expected
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets were mixed Friday as U.S. stock futures remained flat over Thanksgiving Day, with the Nasdaq Composite on track to end a seven-month winning streak. Traders in Asia are assessing inflation data from Tokyo, a […]
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China industrial profits drop 5.5% in October, worst performance in five months
QINGDAO, CHINA – FEBRUARY 05 2025: Workers assemble cars at a car plant of SAIC-GM-Wuling in Qingdao city in east China’s Shandong province Wednesday, Feb. 05, 2025. ZHANG JINGANG | Future Publishing | Getty Images Profits at industrial firms in China declined in October, the National Bureau of Statistics said on Thursday, as manufacturers navigated […]
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Taiwan’s President Lai lashes out against Beijing, pledges $40 billion in additional defense budget
TAIPEI, TAIWAN – OCTOBER 10: Taiwan President Lai Ching-te (William Lai) delivers a national day address, during the National Day Ceremony, outside the Presidential Office in Taipei, Taiwan, on October 10, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan will introduce a supplementary defense budget of 1.25 trillion Taiwanese dollars ($40 billion) as Beijing […]
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Australia’s Qube Holdings’ shares jump 20% as Macquarie proposes $7.5 billion takeover deal
The Macquarie Group Ltd. logo at the company’s headquarters in Sydney, Australia, on Wednesday, June 18, 2025. Brent Lewin | Bloomberg | Getty Images Australia’s Qube Holdings announced on Monday that Macquarie Asset Management had submitted a non-binding proposal to acquire the logistics company at an enterprise value of 11.6 billion Australian dollars ($7.49 billion). […]
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Asia-Pacific markets rebound on revived Fed rate-cut hopes
Hong Kong Spreephoto.de | Moment | Getty Images Asia-Pacific markets started the week higher after the New York Federal Reserve President signaled that a third rate cut could happen this year. On Friday, New York Federal Reserve President John Williams suggested the Fed could lower its key interest rate from here as labor market weakness poses a […]
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Singapore raises annual growth forecast as third-quarter GDP tops expectations
People cycle along a track backdropped with the city skyline in Singapore on June 27, 2025. Roslan Rahman | Afp | Getty Images Singapore raised its 2025 economic outlook Friday after stronger growth in the third quarter, but warned that expansion is likely to cool in 2026 as the U.S. tariffs weigh on global demand. […]
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Asia markets track Wall Street’s stunning reversal in AI-related stocks
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Tech conglomerate SoftBank plunged more than 10% Friday amid losses across the region’s key benchmarks, after U.S. tech stocks lost ground and investors’ hopes dimmed […]
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Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe
Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth […]
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Japan’s core inflation in October rises to a 3-month high, supporting the case for rate hikes
Customers check out vegetables and other groceries at a supermarket in Tokyo on June 20, 2025. Kazuhiro Nogi | Afp | Getty Images Japan’s core inflation in October rose at its sharpest rate since July, in line with market estimates on Friday, supporting the case for interest rate hikes by the Bank of Japan. Core […]
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China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected
CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that combines traditional Sichuan-style architecture with modern luxury retail, on October 18, 2025, in Chengdu, China. Cheng Xin | Getty Images News | Getty Images China’s slowdown worsened in October, dragged by soft consumer demand and […]
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